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1 0 ? A company's share capital consists of 4 0 , 0 0 0 2 0 p ordinary shares, which were all issued at

10 ?

A company's share capital consists of

40, 00020

p ordinary shares, which were all issued at a premium of

25 % .

The market value of the shares is currently

50

c each. what would be The figure for ordinary share capital appearing in the company's balance sheet ?

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